US Government Moves $300M Worth of Bitcoin Linked to Silk Road: On-Chain Data
A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions.
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Montenegro High Court Says No Bail for Terra’s Do Kwon in Fake Passport Case: Bloomberg
A Montenegro high court has annulled a decision by a lower court to release Terraform Labs co-founder Do Kwon on bail as he faces charges of attempting to travel with falsified documents, Bloomberg reported on Wednesday.The Basic Court of the country's capital Podgorica had accepted a previous proposal made by Kwon's lawyers in early May…
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Bitcoin Drops to $10K in Worst Daily Loss in a Month
news The cryptocurrency markets were flashing red again on Thursday after bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, fell by more than $900 in 24 hours. On August 14, beginning at 12:00 UTC, BTC began to fall sharply from $10,862 to as low as $9,888 before traders bought the price back up above…
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Grayscale Moves Another 9K Bitcoin to Exchange in Preparation for Sale
Grayscale, the owner of the Grayscale Bitcoin Trust (GBTC), sent an additional 9,000 bitcoin to an exchange early Tuesday as net selling of the product continues following its conversion to a spot exchange-traded fund (ETF).According to data from Arkham Intelligence, the coins moved in batches of 1,000 just after 14:30 UTC (when the U.S. stock
A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn’t Missed by a Concerned Industry
Australia's crypto industry is worried after the country's securities regulator signaled an expansion of its power. ASIC said it considers many crypto assets as financial products, adding a regulatory burden that may spur companies to move elsewhere. Australia's crypto industry is concerned companies may flee the country after the nation's securities regulator set off "the
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Thailand Is Prepping to Move Judicial System Records to a Blockchain
Aug 20, 2020 at 16:00 UTCSarawut Benchakul, Secretary-General of the Office of the Judiciary, unveiled the project Thursday. (Office of the Court of Justice)Thailand’s largest court system is developing a blockchain storage network that will move judicial information entirely online when it debuts in Thai Courts of Justice in 2021. Already in the midst of…
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Bitcoin Back Above $67K as Memecoins Push up SOL and AVAX
Bitcoin has rebounded above $67K amid pre-FOMC volatility and investor confidence in buying the dip, despite macroeconomic concerns.Memecoins surge, driving the sector's market cap over $55 billionBitcoin {{{BTC}}} changed hands at around $67,800 during Monday's Asian trading hours, as pre-Federal Open Market Committee (FOMC) volatility worked its way through the crypto market, moving major digital
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Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit
A motion to dismiss an amended complaint was filed on Nov. 4. It claimed the SEC is refusing to “articulate any standard” when it comes to determining which crypto asset transactions qualify as investment contracts. 01:09 U.S. Recession Signal Flares From 10-Year and 3-Month Yield Spread 02:43 Expect Bitcoin Price Swings as Kamala Harris' Winning
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South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users
news Shinhan Bank, the second largest financial group in South Korea by assets, is redoubling its efforts to police accounts related to cryptocurrency exchanges, according to local press reports. The goal? To completely quash the anonymous crypto transactions in the country. Because the news suggests a change it policy it has generated considerable buzz. But…